The global PEEK Special Engineering Plastics Market is expected to reach USD 5.74 billion by 2028, growing at a CAGR of 8.7% during the forecast period (2018-2028). The market has been segmented on the basis of type, application, and region.
PEEK Special Engineering Plastics are high-performance engineering plastics. It is known for its outstanding physical properties which are highly durable and have good chemical resistance to various harsh conditions. PEEK Plastic has a very low moisture uptake, excellent dimensional stability, heat deflection temperature of 85°C/85% relative humidity under load at 170 °C/24 h, stiffness modulus in the range of 100 MPa. These properties lead to an increased usage of these products across different applications including automotive industry electronics & electrical appliances among others. However, it can also be used as powder due to its excellent thermal stability over other plastic materials available in the market today.
The global PEEK Special Engineering Plastics Market is expected to reach USD 5.74 billion by 2028, growing at a CAGR of 8.7% during the forecast period (2018-2028). The market has been segmented on the basis of type, application, and region.
PEEK Special Engineering Plastics are high-performance engineering plastics. It is known for its outstanding physical properties which are highly durable and have good chemical resistance to various harsh conditions. PEEK Plastic has a very low moisture uptake, excellent dimensional stability, heat deflection temperature of 85°C/85% relative humidity under load at 170 °C/24 h, stiffness modulus in the range of 100 MPa. These properties lead to an increased usage of these products across different applications including automotive industry electronics & electrical appliances among others. However, it can also be used as powder due to its excellent thermal stability over other plastic materials available in the market today.